Coca-Cola Company to work with Ioniqa to develop PET technology

Major firms including Coca-Cola and Unilever have detailed the amount of packaging that they produce each year in a new report by the Ellen MacArthur Foundation’s New Plastics Economy initiative.

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The Coca-Cola Company (CCC) has announced a new agreement to extend a loan to Ioniqa Technologies to facilitate the development of Ioniga’s PET technology.

This technology produces high-grade recycled PET content from hard to recycle PET waste and also supports the circular economy for plastics by allowing packages such as coloured PET bottles to be recycled into food-grade quality packaging.

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The agreement is designed to accelerate the creation and deployment of . . .